1. Home
  2. Precious Minerals Marketing Company (PMMC)

Precious Minerals Marketing Company (PMMC)

Ghana Takes Steps to Operationalize Gold-for-Oil Scheme — Move Expected to Help Halt Cedi’s Depreciation

Ghana Takes Steps to Operationalize Gold-for-Oil Scheme — Move Expected to Help Halt Cedi’s DepreciationAccording to directives issued by Samuel A. Jinapor, the Ghanaian minister for lands and natural resources, large-scale gold mining companies will be required to “sell 20% of all refined gold at their refineries to the Bank of Ghana.” A gold-for-oil scheme is part of the Ghanaian government’s plan to stop the further dwindling of the […]

Cantor Fitzgerald, led by Trump’s Commerce secretary nominee, struck deal to acquire 5% stake in Tether